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18 Sep 2025 |
Orient Cement
|
Consensus Share Price Target
|
228.77 |
280.50 |
- |
22.61 |
sell
|
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02 Aug 2022
|
Orient Cement
|
ICICI Direct
|
228.77
|
150.00
|
117.45
(94.78%)
|
|
Buy
|
|
|
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12 Jul 2022
|
Orient Cement
|
Axis Direct
|
228.77
|
140.00
|
116.00
(97.22%)
|
Target met |
Buy
|
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We value the company at 6x its FY24E EV/EBITDA and retain our BUY rating on the stock with a TP of Rs 140/share, implying an upside of 21% from the CMP.
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17 May 2022
|
Orient Cement
|
ICICI Direct
|
228.77
|
150.00
|
121.30
(88.60%)
|
|
Buy
|
|
|
|
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13 May 2022
|
Orient Cement
|
Axis Direct
|
228.77
|
160.00
|
119.10
(92.08%)
|
|
Buy
|
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|
We value the company at 5x of its FY24E EV/EBITDA, roll over our estimates, and retain our BUY rating on the stock with a target price of Rs 160/share. TP implies an upside of 36% from the CMP.
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04 Feb 2022
|
Orient Cement
|
Anand Rathi
|
228.77
|
233.00
|
172.40
(32.70%)
|
|
Buy
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03 Feb 2022
|
Orient Cement
|
Axis Direct
|
228.77
|
200.00
|
172.85
(32.35%)
|
|
Buy
|
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We value the company at 6x of its FY23E EV/EBITDA and retain our BUY rating on the stock with a target price of Rs 200/share. TP implies an upside of 16% from CMP.
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03 Feb 2022
|
Orient Cement
|
Chola Wealth Direct
|
228.77
|
|
171.90
(33.08%)
|
|
Buy
|
|
|
Background: Orient Cement, a CK Birla group company, formed in 2012 following the demerger from Orient Paper and Industries ltd, is a mid-sized south based cement manufacturer. The company is one of the leading cement manufacturers in India with a capacity of 8 MTPA with clinker manufacturing capacity 5.5 MTPA and captive power capacity of 95MW. The Company operates 3 manufacturing facilities, located at Devapur (3 MTPA) in Telangana, Chittapur (3 MTPA) in...
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27 Oct 2021
|
Orient Cement
|
ICICI Securities Limited
|
228.77
|
250.00
|
161.10
(42.00%)
|
|
Buy
|
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About the stock: Orient Cement is a mid-sized (8.0 MT) cost-efficient player in the cement space. Its cement plants are located in Devapur, Telangana (3 MT integrated), Chittapur, Karnataka (3 MT integrated), Jalgaon, Maharashtra (2 MT grinding unit). Q2FY22 Results: Reported healthy volume growth of over 25% YoY. Margins maintained at 20%+ despite cost challenges. EBITDA/t fell 5.6% YoY to | 1048/t (vs. last quarter's EBITDA/t of | 1368/t)....
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27 Oct 2021
|
Orient Cement
|
Chola Wealth Direct
|
228.77
|
192.00
|
161.10
(42.00%)
|
|
Buy
|
|
|
Background: Orient Cement, a CK Birla group company, formed in 2012 following the demerger from Orient Paper and Industries ltd, is a mid-sized south based cement manufacturer. The company is one of the leading cement manufacturers in India with a capacity of 8 MTPA with clinker manufacturing capacity 5.5 MTPA and captive power capacity of 95MW. The Company operates 3 manufacturing facilities, located at Devapur (3 MTPA) in Telangana, Chittapur (3 MTPA) in...
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|
05 Aug 2021
|
Orient Cement
|
Axis Direct
|
228.77
|
205.00
|
169.10
(35.29%)
|
|
Buy
|
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The stock is currently trading at 5.7x and 4.5x FY22E and FY23E EV/EBITDA and EV/tonne of $66 and $55 FY22E and FY23E. We retain our BUY rating on the stock with a target price of Rs 205/share, valuing the company at 5.5x of its FY23E EV/EBITDA implying an upside of 23% from CMP.
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